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Ports, Logistics & Transportation

New aviation policy encourages public-private partnership

  The introduction of the new National Aviation Policy is timely considering the fact that Pakistan has a negative growth of its aviation industry. In contrast to other countries in the region, aviation sector’s contribution in Pakistan was below 0.01 percent. Countries like India, Malaysia, Philippines and Thailand aviation sector’s contribution ranged between 1.5 percent and 9.0 percent while only 8 percent of the 180 million population of Pakistan have …

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Ports & Shipping scenario

  Ports are considered universally gateway of the country and Pakistan is blessed due to its strategic position, for transit to Afghanistan and Central Asian land locked countries. The Merchant Marine plays a vital role in the economic and industrial development of a country. The founder of Pakistan realising the need of ship’s for newly created Pakistan pursued with Muslim and Parsi entrepreneurs to acquire ship’s under Pak flag firstly …

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Automotive sector: key for economic stabilization

  Prices of locally-assembled vehicles are competitive with global prices Automotive sector is one of the fastest growing sectors in Pakistan, as it contributes towards the nation’s economy in the form of technology transfer, employment and revenue generation. Local vendors deem to play an important role in the growth of auto industry as they bear the responsibility of producing auto parts and sub-assemblies according to the benchmark set by the …

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Proposed phasing out established local brand causes stir among automakers

  Auto & Allied Industry The automobile industry performed extremely well in 2015 indicating stellar sales and demand growth mostly triggered by overall economic stability and bumper crops in the agriculture sector. This vital sector of the economy, however, it still needs protection in the forthcoming automobile policy with special reference to import of used cars, which is a real threat to local industrial base. Manufacturers as well as vendor …

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It’s a high time to manufacture economical cars

  There is a global attitude towards business competition after the formation of World Trade Organization but still some countries protect certain local industries in order to safeguard local population and enhance regulatory protection of consumers. Pakistan’s automotive car industry is amongst such industries, protected from outright direct competition in some ways by the policies of the government. This sector has seen growth for quite some time with exponential growth …

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Boosting low-cost bike exports from Pakistan

  Pakistan has achieved self-sufficiency in bike production and it can become a major bike exporter to at least developing countries for its low cost production. What is actually needed is the official patronage of local producers in terms of incentives and facilities in order to boost bike exports from Pakistan. In 2010, a record 1.8 million motorcycles were manufactured in the country. Its production is still on the rise. …

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Auto industry possesses vast potential to fetch forex

  Import of used cars not bring in any investment While the auto industry has proved to be the engine of growth for any nation, in recent history, countries such as Japan, Korea, Thailand, Malaysia, Indonesia, India and Brazil have wholeheartedly supported their automobile industries and continuously making thrive. Presently there are three areas of support. Firstly, these countries have ensured 100 per cent access of domestic market to local …

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Presence of junkyards of stolen vehicles in Balochistan

  Chaman, a border city near Pak-Afghan border is not the only junkyard for stolen vehicles in Balochistan, but there are reports for presence of many such junkyards in different areas of the province. Not only the stolen vehicles are dumped but their engine and chassis numbers are also tampered at these junkyards. These vehicles are then sold out. The inter-provincial gangs of car lifters have been allegedly involved in …

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Record-breaking car sales

  Since the introduction of car leasing and financing, vehicle sales in Pakistan have increased several times. All of this started in the beginning of this century as these loans made it easy for people to buy new or even used cars. This also sprung up new business like rent-a-car and renting cars became a cheaper and more viable business option. That’s the time when Pakistan’s automobile industry was booming …

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Gwadar Port: The essential and viable part of China-Pakistan economic corridor

  China-Pakistan Economic Corridor (CPEC) has the potential to usher in a new era of economic progress and prosperity for both countries benefiting the whole region as well. The project is expected to be “a game changer” not only for Pakistan and China but also for the whole region. Last month, Pakistan and China signed 51 deals, mostly related to CPEC, which will link Pakistan’s Gwadar Port on the Arabian …

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